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Monday, 2 April 2018

How To Create and Sell an Online Course: The Ultimate Guide

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My ultimate guide to creating online courses! Here are the three principles and ten practical steps you need for creating amazing, profitable, and life-changing online courses.






Pat Flynn




How To Create and Sell an Online Course: The Ultimate Guide



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Online courses can help you make more money, save more time, and help more people. In 2017, I hit one million dollars in revenue from online courses alone! And I’ve made lots of money serving as an affiliate for other people’s courses too.


Today, I want to share the keys—the three crucial psychological principles, plus the ten practical steps—that will help you do the same.


This post has been crafted to be the ultimate guide (it’s there in the title!) to creating and selling your own online course, so it’s a bit of a long one. But if you’re looking for a one-stop shop on what it takes to create and sell a great online course, stick around, because you’re in for a treat!


Why You Shouldn’t Create Your Own Online Course


Before we get into it, though, we need to talk a little bit about why online courses are great—as well as who they’re not for and why you shouldn’t do them. The truth is, courses really aren’t for all people and all businesses. I think the most important thing is to first realize: what are the problems and the pains and the needs of your audience? And then ask yourself, “Does it make sense for me to build an online course, and to sell it in order to help them through those problems?”


I hesitated for so long to build online courses because I was too afraid to sell to my audience. Here’s the big realization: you can sell and serve at the same time. The other part of this is, I realized that by creating courses for people who just wanted to go deeper with me, I wasn’t taking anything away from that segment of my audience who is more keen to take advantage of my free and lower-cost material.


That realization was huge for me. It pushed me past my fear of selling my online courses to other people, which was a huge relief, and allowed me to create better courses to better help and serve my audience. Now I see that I’m able to serve even more people, especially those who are willing to invest in themselves to achieve their goals. And for each course I create, my newfound confidence shows through in my sales pages, emails, and in the course material itself.


Okay! Now that’s out of the way, let’s cover the three psychological principles behind why people buy online courses. These are the things you have to know about the psychology that motivates people’s purchase decisions, before you try to sell any online course of your own.


The 3 Must-Know Principles of Selling Online Courses


So, you want to learn how to sell online courses? Maybe they’re your own courses or you’re an affiliate for somebody else’s courses. I’m really excited for you, because there’s an incredible amount of opportunity with online courses!


Over the years of building and selling my own courses, as well as promoting other people’s courses, I’ve learned a ton by experimenting with different ways to promote online courses. There are lots of tactics to choose from when it comes to promoting an online course, from emails to funnels to Facebook ads to podcasts, blogging, videos, and more—but the tactics don’t matter unless you get three things right. These are the three psychological principles you need to bake into everything you do, or you’re not going to be selling anything.


And they are . . .


#1: Sell Outcomes, Not Courses


People don’t want to buy online courses. Wait, what? It’s true, though. Nobody wakes up and says “You know, I think I’m gonna buy an online course today.” What people really want are the outcomes and the results that an online course can potentially give them. And so, the secret to selling anything, is to convey the results, the outcome, the way someone’s life will be different after taking your course. If those outcomes are not clear, then your work promoting that course is going to be much harder.


For your sales page, don’t focus on the features of the course, but the outcome. For example, with my Power-Up Podcasting course, I promise students they will have a podcast up and running with subscribed listeners on the day they publish their podcast. It’s a very specific and achievable outcome.


#2: Trust and Proof Are Key


Selling an online course is not easy. When it comes to selling online courses, trust and proof are going to be your best friends. Let’s take in contrast, for example, something like a software application that does a specific job in a very convenient way. If a potential customer has the problem that software can solve, that customer will be able to easily imagine using that software to get the result they’re looking for right out of the box. But with online courses, which is usually information, you can’t really demonstrate that and the results aren’t clear and people aren’t necessarily going to get results the moment they buy. They have to actually take action to see the results.


Now, when you’re selling an online course, you need to build trust before selling your course. You can do it over a long period of time, through content marketing, for example. You can also do it in a shorter period of time, perhaps through ads or webinars. Whichever option you choose, the proof is really important. You need to demonstrate real-life evidence that this course actually works, and the best way to do that is typically by sharing testimonials and success stories of previous students who’ve taken the course.


A special note for establishing trust with affiliate courses: The most important thing to do is to convince your audience that the person creating the course is the right person to teach them that material, and that your audience can trust them. There are a few ways I like to do that it. Most of the time, I promote courses that I’ve used myself, so I can talk about my own experience and what I loved about it. I’ve also interviewed the founders or creators of courses on my podcast, which is a great relationship-building tool. And again, proof and testimonials from other people too, specifically those in your audience, is valuable here.


#3: It’s Not About the Information


When it comes to most online courses out there, the information in those courses can be already found elsewhere on the internet. So why would people ever buy these courses? I learned this important lesson back in 2008 when I sold my first online product, which was an ebook study guide to help people pass the LEED exam, a specific exam in the architecture space. That e-book was comprised of 95 percent of the same material that could be found for free on my blog. In fact, right before I sold that product, I remember being scared to death thinking that every person who bought it would ask for a refund and complain about that very fact. Not one did. Not one person out of tens of thousands ever complained about it.


So does this mean people are just too lazy to complain and ask for a refund? Not at all. Trust me: if people are unhappy with their purchase, they’re going to be quick to ask you for a refund. A big reason people buy online courses is because they’re convenient. You’re saving people time by having all that information they need, and only the information they need, collected and compressed in one place for them to take action and get results.


Also, people often want their hand held, and they want accountability through the process, whether it’s through things like weekly office hours, or just structurally through the framework of the course. When a purchase is made and dollars are spent, it’s that person saying, “Yes, I want to do this. I’ve put skin in the game, and I’m going to make it happen.” And it’s your responsibility, as a course creator or as the person who’s promoting another person’s course, to make sure that they achieve that result.


The 10 Steps to Build an Amazing Online Course


Now that we’ve covered the psychology, let’s get into the nuts and bolts of creating your course! Here are the ten steps you need to follow to create an online course from scratch that people will love.


Step #1: Define the Transformation


In the beginning, you might not know exactly what to do. The best thing you can do is start to have conversations with your audience, to understand exactly what they’re going through and where they could use your help. This will help you understand what you can potentially create a course about.


The key here is to know and define the transformation that your customers are going to experience when they take your course. What will your course help them achieve? Once you know that, you’ll have your selling point. You can draw a clear picture in the mind of the customer of, “Wow, if I get this, then I get that.”


For example, here’s the transformation I promise people when they take my 1·2·3 Affiliate Marketing course. I promise they will earn their first dollars through affiliate marketing, which is generating an income and a commission by selling and recommending other people’s products rather than products of your own. The people who take the course will see a direct impact in their earnings and income as a result of promoting specific products in specific ways. If you do the work, you follow directions, you’re going to earn your first dollars through affiliate marketing. If it does not do that, the course will have failed.


Whatever the course, it doesn’t matter how great the information is; if it doesn’t provide that transformation, then what is the point and why would people buy it? If you’re having a hard time defining the transformation for yourself, well then, there’s a problem, because guess what? Your customers are having a hard time understanding it too. I think of Ramit Sethi’s courses, such as Earn Your First Thousand Dollars, or Land Your Dream Job. Those are very clear promises about what will happen if you follow the course correctly—and they’re baked right into the name.


Step #2: Brainstorm the Content


We started at a higher level, identifying our audience’s pains and problems and figuring out the transformation we want to help them achieve. Now we have to figure out the steps they need to take to get to that transformation. Once you’ve defined the transformation your course will provide, you can start to define the pieces that lead to that transformation. What stories do you need to tell? What facts and case studies do you need to share? What exercises does the student need to do to get on the path toward that transformation?


To do that—to reverse-engineer that transformation and figure out exactly what needs to happen for them to achieve that transformation—we first have to do some brainstorming.


You may have some ideas in your head about what should go into your course, but unless you do this brainstorming stage the right way, you’re either going to miss a lot of things, or you’re going to go out of order. The way I would recommend doing this is with my favorite tool in the world: Post-it notes. Post-it notes are my favorite tool for brainstorming, because they’re great for getting what’s in your brain out onto paper, and they’re small (so you can only include one idea per note).


Our brains do a great job of coming up with new ideas, but a terrible job at organizing and prioritizing them. Writing down those ideas on Post-it notes lets you bring them out into the world, where you can see them and start to organize them. Just remember, in this step, you’re basically “throwing up” the contents of your brain onto these notes—you’re not organizing yet!


Cool things happen when you are in that kind of creative mindset—you can just let your creative brain get into the flow. I like to structure my brainstorming according to what I call the “triple 10” exercise. In this exercise, you spend ten minutes brainstorming as much as you can, then you rest for ten minutes. Then after that rest period, you come back to where you were, and brainstorm for another ten minutes.


I’ve found that the final ten minutes in that total thirty minutes is often when the best ideas come out. Why’s this? What happens during that break? Yes, you are resting, but your brain is also absorbing and processing everything it’s just done. When you come back from that break, your brain has just processed it in a way that you couldn’t have if you hadn’t taken the break.


So Step 2 is to brainstorm, using Post-it notes, by letting anything in your brain come out then posting those ideas onto your table or wall. Just let it happen.


Step #3: Organize Your Thoughts


Now, you need to take all those Post-it notes and put them into some kind of order. The key in this next step is to organize the notes into different clusters or hierarchies related to your core topic.


Eventually, you might find that these clusters essentially become modules in your course, and each of these Post-it notes will become your lessons. That’s the magic of this process. This process also makes it easy to find the right order of all the pieces. You can ask, “Would it make sense to put this before that, in the eyes of my customer?” That’s the beauty of Post-it notes again: you can simply move them around on the desk or whiteboard to reorder things.


As you go through this process, you’re going to have a few Post-it notes that will make you say, “Why did I even write that?” Just throw them out. You’re also going to find where there might be some holes, some things missing. In that case, just create more Post-it notes to cover those missing topics and add them to the appropriate clusters.


Step #4: Make the Outline


Now you’ve gone through the brainstorming and organization phases, you can create an outline for your course. The work is mostly done; you just need to review the re-ordered Post-it notes and “extract” the details of how you’ve organized them to create your outline.


The key here is what you do with that outline. And what’s that? You’re go to share it with others to get their feedback. Perhaps you have superfans, people in your audience who would benefit and feel great with you trusting them with this, and could provide some amazing feedback. Maybe it’s people in your mastermind group, or other colleagues or friends who might be looking for the kind of transformation you’re offering with your course. Whoever it is, share your outline with them and say something like, “Hey guys, here’s the tentative outline for this course that’s going to help you [transformation]. Look over it, and let me know what you think. Does it make sense? What else would you include? What would you remove?”


Now, you’re going to get feedback, and some of it you might not want to hear. Your team might suggest cutting things you really like. That’s a hard thing to do. This is what in the book writing space is called “killing your darlings.” And you have to be willing to do the same thing with your courses. You’re going to have to kill the lessons that aren’t necessary in order for that transformation to happen.


So it’s super important to ask your reviewers, “What lessons in here are not necessary to achieve this goal?” That allows you to make sure you only have what you need in your course. Doing the sometimes painful work of identifying and cutting unnecessary material helps in several ways. It’ll save you valuable production time, and it’ll help the course participants by reducing the amount of unnecessary fluff they have to wade through in the course.


Step #5: Pre-Sell the Course


You have an outline, and you’ve collected feedback to validate the concept and the outline. Now, you’re going to pre-sell this bad boy to a limited number of people in your audience, if you have one already. If you don’t, it’s going to be a little bit harder, but you can still do things like run ads for webinars to promote your course.


I talk about validation a lot in my book Will It Fly?. If you want an in-depth treatment of validation, check out the book. But today I’m going to keep it higher-level, so you know the steps. If you have an audience already, you can simply let them know, “Hey, I’m coming out with this course. I haven’t made it yet, but I want to share a little bit about the course and how it might be helpful for you.”


Then you can go on to pre-sell it, explaining, “I haven’t made this yet, but I’m going to give access to twenty people who are willing to work with me as I build this course, so I can make sure it meets your needs exactly. I’m also going to give you some extra time with me to help you through this content. If we get twenty people, I’m going to create it. If not, don’t worry. I’ll refund your money.”


Pre-selling in this way lets you validate what you’re trying to do with your course. If people are willing to buy at this early stage, this information helps solidify that you are going in the right direction. It allows your audience and your potential customers to vote with their dollars that it’s something they want, and something you need to do.


What do you need to do to pre-sell? A number of people I’ve interviewed on the podcast have simply pre-sold their courses by saying, “Hey, if this is something you want, shoot this much money over to my PayPal, and I’ll put you in a Facebook group to communicate next steps.” That’s one way to do it. You don’t even need a landing page or anything like that.


Step #6: Communicate


Step 6 builds on what we just talked about in the pre-selling step. The last thing you want to do when you sell anything is to have a person buy it and then not know what happens next. No matter what, always make sure you have a great onboarding process. You want to make sure your customers know you didn’t just take their money and leave.


So, once you pre-sell the course, you have to make sure that you keep your customers up-to-date. Communication is crucial. For instance, if you’ve promised entry to a Facebook group to communicate with people as you are building the course, then set that up.


With 1·2·3 Affiliate Marketing, because I have a team and a lot of resources in place, we created a landing page with a video that explained the transformation, what people are going to get, the fact that it was a beta launch, that it was going to be pre-sold, and that there was nothing to get access to yet. We had a button on there that connected to a shopping cart through Teachable, where the course was hosted. Once they got access to the course, they saw one lesson in there, a welcome video thanking them for being in the course and telling them what would happen next.


Follow through, stay in touch, and most importantly, be honest. Simple, but crucial.


Step #7: Build the Course


Finally, we’re on to product creation! You’ve validated the course through pre-selling. Hopefully you still have your Post-it notes, because they’re going to be your guides for the next step here. This stage—production—is a difficult one, because it takes the most work.


My first recommendation is to plan ahead in terms of how and when you’re going to create your course content. Whether you decide to use video, audio, text, or a combination to create the content for your course, you need to plan what needs to be created, and when. Then, make sure to really honor that time.


Even if it’s just one lesson per day because you’re strapped for time, really honor that time you’re blocking out to create those course videos and lessons.


The best tip I can offer you related to the production of these lessons is to take things one lesson at a time, and plan out how many you’re going to record or create in a given time period. Depending on the length of your course, the amount of time to produce all the course material could range significantly. We recorded the videos for 1·2·3 Affiliate Marketing over the course of two days that we blocked out just for creating the course. It was great to batch-process it that way, because I’d wake up each day and know exactly what that day would be about.


Now, let’s talk production. Quality-wise, video is generally the form of media for most of your course material. But if video is out of your budget, you can create audio versions of the lessons, or simply written ones. In terms of other things that can go into your lessons, you may want to add worksheets to certain lessons to help reinforce the material. Another thing I like to do in all of my courses is have a list of action items at the end of each video the participant should complete before moving on to the next one.


Next, you should also consider what needs to go into the creation of the beta version of your course—the one you share with the early adopters, the ones you pre-sold the course to—compared to the final version that most people will be experiencing. Thankfully, you can get away with a “lighter” version of your course for the beta, which you can then enhance later on to create the final version.


There are a few ways you can get away with going “lighter” in the beta, particularly when it comes to video. If you’re going to create videos, you don’t need the highest production values in the beta. When I create final versions of videos for my courses, I do them in my video studio with a high-end camera. But for the beta versions, I typically record in my home office, just using a basic DSLR camera. You can even use a video camera from your phone, as long as the audio quality is good. You could also use a portable recorder such as a Zoom H4n or a Zoom H6 to record audio separately could benefit you. You could also run a wired mic to your phone using a Rode smartLav or something like that.


In the beta, I also don’t include a lot of elements in the videos other than just me talking and what’s on my Screenflow on the computer. In the final version, though, I might add things to the videos like layovers (text that pops up when you say certain things) and B-roll (camera footage that demonstrates things you’re talking about). But these things take time and effort to create, so it doesn’t make sense to create them until you have all the inputs and feedback you need to make them perfect. So, in the beta, as long as the videos and the lessons do what they need to do to help a person achieve that transformation, then you’ll be okay.


Finally, although Step 7 is all about content creation for your course, you also want to make sure during this whole time that you’re keeping your pre-paid students updated. You can share tidbits and little hints of the course content. You can even give them a little “homework” to help them prepare for the first lesson. I actually did that for 1·2·3 Affiliate Marketing, and a lot of the students appreciated being able to get a head start on the course.


Step #8: Collect Feedback


Once the course is up and running, you want to have a way to collect feedback from your students to improve the course. Email and surveys are two good ways to do this you wanted to do that, but honestly, the best feedback has come from one-on-one conversations and group conversations, like those that take place during group office hours.


It’s important to collect both positive and constructive feedback. This lets you identify what’s working well, what’s not so great and needs to be fixed, and what could be added to make things even better. Something I’ve gotten better with over time, thanks to student feedback. is not including too much information in my courses. I got a lot of great feedback from my students saying, “You know what? I didn’t feel like I needed this to help me get there.”


Your students are the perfect ones to provide this feedback, because they are your target audience, so listen to them more than anybody. They are the ones who need you to make this great, but your audience out there who wants this course, you’re going to get that greatness coming from the voices of your current students. Collect that feedback.


In addition, some of the best feedback I’ve gotten is simply from direct messages on Facebook. Sometimes I’ll just direct message somebody and say, “Hey, I saw that comment you made on Facebook earlier, and I just want to make sure you’re good. What else could I do to improve your experience with this course?” A lot of great feedback can come from a simple action like that.


Finally, as you’re collecting feedback, be sure to ask for testimonials too, because those are going to come in handy in the next step. The best way to collect testimonials, in my experience, is to just approach someone individually and say, “Hey, if you enjoyed this, and you’ve gotten some great results from it, I would love it so much if you’d take a few moments to leave me a testimonial.”


The more testimonials you can get, the better. The more diverse those groups of people who are leaving testimonials, the better, because they’re going to be able to help relate to more people. And people are not likely to give you testimonials out of the blue. Some may, but most people will only give you testimonials if you ask, and it is 100 percent okay to do that.


Step #9: Refine the Course


This one might seem obvious, but once you’ve collected all that great feedback, the next step is to refine the course. Redo the videos that need to be redone. Add worksheets where they’d be helpful. Remove anything that need to be removed. Add text, animations, and B-roll to your videos to spice them up. Refine the course and make it great so that when you go public with it, it’s going to rock.


This step also that includes refining the sales page. You’ve already gone through one round of sales, and you’ve likely helped some of your early students achieve those transformations. Hopefully you’ve also collected some great testimonials by now, and you can use them to adjust the messaging on the sales page. You can even include a new section with some of the best testimonials. Remember what we talked about in the first part of this post? When it comes to selling an online course, trust and proof are key, and testimonials are a great way to demonstrate that proof and cement that trust.


Step #10: Be Confident


The tenth and final step is a small one, but a very important one. It’s a tiny phrase you’ll take with you moving forward, and it’s a big, big deal. What’s that phrase? It’s this: be confident. Through this whole process, you’ve created a lot. You’ve brainstormed and organized and outlined. You’ve done a ton of research. You’ve collected feedback. You’ve created a huge amount of content. You’ve done a lot of work to make sure that this course is something that can truly help people, that it’s a great solution for the problem you’re trying to help them solve, and that it can help them achieve the transformation you’ve identified.


That transformation you promised them is now your responsibility, and you need to have the confidence that you can deliver that transformation for them. If you had a cure for a disease, wouldn’t you want to make sure that you get it in front of as many people who have that disease as possible? Obviously, you haven’t created a cure for a disease, but you’ve still come up with a way to solve a specific problem through your course. So you should approach it in the same way, in terms of your certainty that it can help, your drive to make sure that as many people as possible can find it, and your confidence in the messaging you use to sell it.


And guess what? Some people are not going to be a good fit, or be ready for your course. And that’s great. When you can confidently say, “This is what my course will do for you,” you make it easier to weed out those who won’t benefit from it. You won’t be wasting anyone’s time, or upset anyone when they realize they’re getting something different from what they initially thought.


But when you mess around with the messaging, and try to please everybody, the result is that nobody will understand if the course for them. They either won’t buy because they’re confused, or they’ll buy and say, “This is not what I signed up for.” You have to make it crystal clear for them, and that requires confidence in what you have to offer.


So go out there, and be confident. Make some sales, and then serve. Remember, you can sell and serve at the same time!


Now, go forth and create some amazing courses!




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Blockchain Social Network To Replace Facebook A Long Way Off

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Facebook BLockchainLast week I wrote about my personal relationship with Facebook over the past decade. In my post I concluded I no longer trust the company. Many people jumped in who agree. Some wanted to know what we can do about it. Is there an alternative?


I don’t think #DeleteFacebook is the answer. With more than 2 billion people, the social network long ago achieved critical mass so like nearly everybody I speak with, Facebook is an important way to keep up with friends and colleagues.


Facebook works because the company acts as the clearinghouse for people to connect. Much like a bank is the go between people who have money to invest and people who want to borrow, Facebook is the go between for social connections. But just like banking, there is an incentive to abuse the relationship (ask Wells Fargo about that).


The future is a blockchain-based social network


I suspect that the future will bring a social network built on blockchain where every user controls his or her data and can choose to sell or buy attention (or not). In the same way that the blockchain is disrupting the banking system by bypassing it with cryptocurrency like Bitcoin and others, a new way to organize social connections is possible.


A blockchain is a decentralized and distributed ledger used to record transactions. The decentralized component means no person or entity “owns” the blockchain and distributed means that transactions are recorded on many different computers. Once a transaction is logged, it cannot be altered retroactively without changing subsequent blocks, which is the security built into the system.


Distributed social networks might arise with blockchain providing identity services. Imagine a large and popular social network that is not owned by a corporation like Facebook or Twitter, companies that now monopolize aspects of how we communicate. Decentralized social networks already exist but to date have few users. For example, Mastodon is a free federated social network that does not rely on a central server system.  But Mastodon does not use blockchain and it doesn’t have many users today.


The problem is the time it will take to build a new network of people. It has taken Facebook twelve years to get to 2 billion users. It will take a really long time for any blockchain-based competitor to achieve that critical mass.


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5 Great Forums for Bloggers and Marketers

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You have far more information available at your fingertips than ever before. No matter where your interests lie, what you want to learn about, or what questions you may have, there’s guaranteed to be several resources that you will find tremendously helpful. Maybe there’s a tutorial video on YouTube or a great blog that you should follow.


You can learn a lot not only from the experts who are in the upper echelons of the industry, but also from the experiences and insights of other people who are going through the same struggles that you are. You have to recognize that other bloggers are not your competition; they are your colleagues and a rising tide lifts all boats.


And while you can certainly connect with your fellow bloggers over a variety of social media platforms, the trusty web forum remains an incredible source of community and information. Here are five you should check out.


Warrior Forum


A name that is almost synonymous with the world of Internet marketing as a whole, Warrior Forum has been around since the late 1990s, boasting a community of over one million marketers all around the world. There is a paid portion to the site, as well as a sizable marketplace, but you certainly have a lot to gain from simply accessing the free part of the forum too.



There are specific sub-sections for an incredible array of related subject areas, from ad networks and PPC to copywriting and email marketing. Whatever you want to learn about making money online, there’s probably something here for you.


Digital Point


With a name in the Internet marketing sphere that is arguably even bigger than Warrior Forum, Digital Point simply cannot be ignored. In fact, the expansive selection of forums on the site really do run the gamut for almost anything you’d want to know about making money online as a blogger.


There are about a dozen sub-forums on Google alone, as well as sections for Facebook, domain name appraisals, forum management, cluster computing and more. Some people have said that the site isn’t as good as it used to be, but it’s still one of the best places to network with other webmasters.


The Moz Q&A Forum


If you prefer a format that is more akin to Reddit or Quora rather than the traditional bulletin board style (like phpBB) used by the majority of regular forums on the web, then The Moz Q&A Forum could be an awesome fit for you.



A big caveat here, however, is that while you can freely browse your way around the Q&A section to read and learn, you will need to upgrade (and log into) a Moz Pro account in order to pose your own questions. That costs $149/month. Alternatively, you can earn your way in by getting at least 500 MozPoints by participating elsewhere on the site.


Bloggerhub


While it may not be as big of a name in this space as Warrior Forum or Digital Point, you might find a tighter-knit community of bloggers on Bloggerhub. As of this writing, there are over 14,000 members on the site, contributing to over 5,000 threads.


Rather than approach every conceivable subject under the digital marketing sun, this forum understandably focuses a lot more on the specific challenges facing bloggers today. The most active section, as from the area where you can go to introduce yourself as a new member of the site, is “General Blog Talk.” It’s just a good place to talk about anything you might want to know about blogging in an open and free environment.


Designer Hangout


There are many elements to running a successful blog. You want to have the stellar content, of course, but you also want to stay on top of your search engine optimization game and you want to make sure that you’re taking advantage of the right monetization opportunities too. Another big element is design.



For those of you who are especially concerned with user experience, Designer Hangout is an awesome community where you can talk about everything to do with site design. Built around Slack, the conversations surround a number of different channels that you can then follow. Not everyone can sign up, though, as you’ll need to request an invite to join.


Click Here To Download John Chow’s New eBook, The Ultimate Online Profit Model!



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How to Pursue Your Passion and Reach Your Full Potential

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Finding your passion in the world can be the difference between struggling to get out of bed in the morning and being excited to get the day started.




2 min read






This story originally appeared on Lewis Howes


Success has a very tricky definition. You can have the ideal job, make a decent salary, have that sports car you always wanted, and still not really be successful.

To truly be happy, you need to be doing things that fill you up. Finding your passion in the world can be the difference between struggling to get out of bed in the morning and being excited to get the day started.

Sometimes you need to stop and ask if you’re really chasing the life you want or chasing something someone else wants of you. This is a lesson that was hard learned by my latest guest, Rich Roll. Roll has been on my show twice before, and it was a pleasure having him back. He battled an alcohol addiction that nearly ruined his life from the age of 17 to 31, when he finally went to a treatment center. Most people only spend 28 days there -- he ended up spending 100.

When he got out, he changed his life. He pursued a career most people would consider ideal and made a great living. The problem was, it wasn’t the life he wanted and it took a toll on him physically.

After having a brush with death in his late 30s, he began living his life for him. Since then, he’s become a successful athlete, motivational speaker, podcast host and all around incredible human being.

You can hear all about his incredible journey and his plans for the future, on Episode 619.

Subscribe on iTunes, Stitcher RadioGoogle Play or TuneIn.







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Struggling to Finish Your Blog Post? Try This Quick Tip

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"I have other things to do besides writing content, and you do too." – Stefanie Flaxman


Publishing content regularly — and striving to improve with each new creation — is a proven way to figure out how to serve your audience and meet your business goals.


But I have other things to do besides writing content, and you do too.


Recently, I had trouble finishing a draft of a post and realized that my other responsibilities were distracting me from getting clear on the message I wanted to communicate.


So today, I’m going to share the simple solution that helped me complete the article with ease.


Why is the coffee shop sexier than the bar?


No, that subhead isn’t a new spin on: “Why did the chicken cross the road?”


It references one of my recent posts, The Coffee Shop Is Sexier than The Bar.


I initially wrote down a lot of ideas for that content, but when it was time to create a solid draft, I was stuck.


My go-to remedy when I feel blocked is to ask myself questions. I said:


If I’m calling the post “The Coffee Shop Is Sexier than The Bar,” every part of it needs to answer the question, “Why is the coffee shop sexier than the bar?”


My other musings needed to be cut out and (potentially) saved for other articles.


With that minor outlook shift, it felt like the floodgates opened … every sentence that was appropriate effortlessly stayed and I saw what didn’t work.


How to earn the attention of people “who don’t have time to read”


People quickly navigate away from content that contains too many ideas.


You can challenge readers without overwhelming them.


So, once you craft a headline, turn that title into a question in order to pinpoint your main message.


Then, as you draft and review your content, make sure every part of it answers that question.


Length doesn’t matter. A short post could be cluttered and convoluted; a long post could be cluttered and convoluted. A long post could be clear and crisp; a short post could be clear and crisp.


Even the busiest readers will make time for focused content, regardless of length, because they know they’ll get a payoff for their investment in it.


3 more examples of how you can use this technique


Browsing the classic five-W tribe and lone-wolf H will help you transform your headline into a question:


  • Who

  • What

  • When

  • Where

  • Why

  • How

Here are three other posts I’ve written and the questions that helped keep the content focused:


7 Unusual Signs on the Path to a Breakthrough


  • What are the 7 unusual signs on the path to a breakthrough?

Attract Better Clients and Customers with the ‘Chuckle Point’ Technique


  • How does this technique help you attract better clients and customers?

The Best Place to Consistently Find Winning Content Ideas


  • Where is the best place to consistently find winning content ideas?

This tip may seem obvious, but …


So much writing advice fails to take into consideration that content marketers are people who have other responsibilities.


And those other responsibilities sometimes make it difficult to see the obvious. I was distracted and needed to use this quick tip to move forward.


In our new Creative Content Foundations course, the “Taking Your Content from Good to Great” Module shows you how to work with where you’re at and what you have, rather than give guidance that only works in an unrealistic, isolated bubble.


You don’t need a bubble; you need to develop practical, manageable habits designed for real people.


If you want to publish regularly, Sonia and I will help you start on the right foot. We share our favorite techniques for efficiently reviewing and polishing your writing so you create content that impresses … without getting bogged down in perfectionism.


We’re offering the course at a “bananas” price for our first group of students, but only for two more days — until 5:00 p.m. Pacific Time on Wednesday, April 4, 2018 — so don’t wait to get all the details.


You’ll find them here:


https://digitalcommerce.com/creative-content-foundations-sales/





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Why Entrepreneur-Investors Should Jump on the Smart Revolution -- Like, Now

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How can you get a piece of the IoT pie? First, make sure any device you invent can be integrated into a whole-home solution.




5 min read





Opinions expressed by Entrepreneur contributors are their own.





Smart homes are quickly becoming the new normal. For most of us, adoption of this technology is piecemeal: We build our in-home networks by gradually replacing old appliances with new models that offer connectivity. 

Related: 25 Innovative IoT Companies and Products You Need to Know

The big picture? Interconnected smart homes built from the ground up are still a high-end novelty.

Yet, even at this moderate rate of adoption, it won't be long before fully networked homes are the standard. So, the question is, how will that change our lives -- and businesses?

The astonishing growth of smart devices

In 2014, there were one million smart devices sold around the world. IHS Technology predicted that 233 million smart devices sold globally in 2020, which means 470 million connected devices will be live.

While "complicit" is the 2017 Word of the Year, according to Dictionary.com, a likely contender for 2018 is "automated." Organizations that automate have a strategic advantage over those that don't.

For example, Henry Ford automated car manufacturing with the development of the assembly line. Amazon implemented automation throughout its entire business model to become a global powerhouse. Now, the keys to automation and its benefits are available to almost all businesses.

Related: How Entrepreneurs Can Adapt Today's 'Smart Assistants' to Build Tomorrow's Office

Why is the number skyrocketing so quickly? The most obvious answer is the expanding range of things you can buy. We went from a few Roombas and smart TVs to talking refrigerators at lightning speed. Setting aside the sheer coolness of owning a device that lets you talk to your dog and dispense treats while you're at work, developing smart devices is big business.

What this means for entrepreneur-inventors

The handwriting is on the wall. If you have an idea for a smart product, put your imagination to work and figure out how making it smart will add convenience, comfort, savings or safety for the consumer.

At this point, you may be thinking, “But I want to design clothing! How can that be smart?”

The answer is, it can be: Take smart mirrors, for instance, which are only a matter of time from coming into stores and homes. At some point soon, people will stand in front of a mirror and ask, "What should I wear today?” and the mirror will respond by scanning your clean wardrobe RFID tags, checking the weather and your calendar and then displaying appropriate outfits with a full explanation.

“It’s chilly this morning. You’ll need to layer with a light jacket, but it will be warm and sunny this afternoon. You have a meeting at 2 PM at XYZ client, and it’s a half hour drive to that client's office. The building is kept at 72 degrees. So, take your jacket with you, but hang it in the car for the drive.

Your smart mirror won't stop there.

"Your bed reports that you did not sleep well last night," Mr. (or Ms.) Mirror will report, "and your music choice indicates you’re feeling a little worried. Your confidence color is blue. I suggest your royal blue blouse with your black suit or your navy button-down dress with the white pinstriped blazer.”

Think that sounds crazy? RFID tags for clothing have existed for almost 20 years, to benefit the retail and hotel industries. It’s not a stretch to imagine expanding that information to benefit purchasers.  The concept was explored by a group of computer scientists in 2011, and you can already buy smart clothing for fitness.

What's more, smart beds, smart thermostats, smart lighting, smart doorbells, smart refrigerators and smart coffee makers already exist. Heads-up displays already exist for cars. Why not for mirrors?

The one thing you absolutely have to remember

I had a chance to speak with Alex Keichinger, the North America home and building product manager with Somfy Systems, and asked him what advice he would have for smart product designers.

“In-home systems are increasingly common," Keichinger told me. "Make sure whatever device you invent can be integrated into a whole-home solution. For us, this meant ensuring that our customers could not only program their window coverings to take advantage of the sun’s movement but say ‘Alexa, tell myLink to open the blinds,’ without getting out of bed.

"Nearly everything in our homes will soon be interconnected and managed by voice command," Keichinger continued. "If your product is not compatible, it is already obsolete.” 

Bottom line

Entrepreneurs can act on RFID trends in a couple of different ways. The first is that they can implement technology within their businesses, an example being the use of smart price tags in retail stores.

Second, entrepreneurs can use RFID technology to improve their supply chain.

Finally, applications of RFID technology exist within logistics and analyzing trends.

Related: There Is a Creepy Side to Those 'Smart' Toys and Appliances On Your Gift List

It’s astonishing how far technology has come over the last 20 years. The next big leap is just around the corner, and entrepreneurs around the world are already working on it. How can you, as an entrepreneur, get a piece of the IoT pie? How a new business will age into the next phase is a question every entrepreneur needs to consider.





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How to Optimize Facebook Ad Bidding: Clicks or Impressions? : Social Media Examiner

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social media how toDo you advertise on Facebook?


Wondering if you should choose your bidding by link clicks (CPC) or impressions (CPM)?


In this article, you’ll discover how choosing bids for ads affects your Facebook ad campaigns.

How to Optimize Facebook Ad Bidding: Clicks or Impressions? by Jonny Butler on Social Media Examiner.

How to Optimize Facebook Ad Bidding: Clicks or Impressions? by Jonny Butler on Social Media Examiner.



#1: Create Your Campaign


The option to choose whether you get charged by link click (cost per click, or CPC) or impression (cost per mille, or CPM) is presented to you when you run a campaign based on the Traffic objective or the Conversion objective.


To create your campaign, choose either the Traffic or Conversion objective.


Choose Traffic or Conversions as your Facebook campaign objective.


After you work through the campaign elements, open the Budget & Schedule section.


It’s important to remember that how you’re charged and the delivery action are two different things; don’t get the two confused. If you choose to optimize ad delivery for Impressions, Daily Unique Reach, Landing Page Views, or Conversions, you can only be charged by impression.


To control how Facebook charges you for your ads, optimize your ad delivery for Link Clicks.


Choose Link Clicks from the Optimization for Ad Delivery drop-down list when your set up your Facebook ad.


#2: Open Your Charge Type Options


To reveal the options for when you get charged, click Show Advanced Options in the Budget & Schedule section of your campaign.


Click Show Advanced Options in the Budget & Schedule section when you set up a Facebook ad.


You’ll see two options next to When You Get Charged:


  • Impressions

  • Link Click (CPC)

Choose Impression or Link Clicks (CPC) in the When You Get Charged section of your Facebook campaign setup.


#3: Choose Between Link Clicks and Impressions


When you opt to be charged by link click, you’ll be charged by CPC. This means you’ll only get charged when someone clicks a link in your ad. When you opt to be charged by impression, you’ll be charged by CPM. This means you’ll get charged every time an impression of your ad is shown, with the price calculated per 1,000 impressions.


Which is right for you?


The pros and cons of choosing Link Clicks (CPC) for Facebook ads.Pros and Cons of Choosing Link Clicks


You only get charged when someone clicks your ad, so in theory, if your ad doesn’t get many clicks, you’ll initially be getting thousands of impressions for free. This charge type also acts as a safeguard against paying lots of money if your ad isn’t performing well.







The downside is that if your ads perform well and you get a high click-through rate, you’ll pay for every click. Your CPM will rise and you’ll be paying a high price for that great performance. If you’re not spending a lot of money and aren’t running experiments with different audiences, sets, and ad variations, and are putting a lot of effort into optimization, choosing Link Clicks is likely a good option.


The pros and cons of choosing Impressions (CPM) for Facebook ads.Pros and Cons of Choosing Impressions


When you get charged has nothing to do with how your ads perform. As mentioned above, selecting to charge by impressions means you can inadvertently waste money when your ads are performing poorly. But the opposite also applies. If your ads perform well and get a high click-through rate, you still pay only on a CPM basis.


Why is this a good thing? You can essentially “beat” Facebook’s recommended CPC and pay a price per click that you would never achieve if you selected to charge by link click. This is a high-risk, high-reward proposition.


Why would you take the risk? If you have a big budget and are running a lot of audience splits and ad variations, a smart ad optimization strategy gives you a good chance of finding high-performing audiences and ads.


Which One Should You Select?


If you’re just getting started with Facebook ads, don’t have a lot of time to monitor your campaign performance, or are working with small budgets, link clicks is probably for you. It’s a safe bet and you only pay for what you get.


Once you’re comfortable with running campaigns and are more confident taking a hands-on approach to optimization by adjusting manual bids and daily budgets, you can graduate to being charged by impressions.


If you’re comfortable optimizing Facebook ads, take a hands-on approach to monitoring your campaign performance, and work with medium to large budgets, CPM could reap big rewards. Experienced media buyers can see cost/performance ratio come down significantly.



Charge Type Affects How Facebook Serves Your Ads


Once your ads launch, they’re entered into a blind auction against your competitors’ ads. During this initial period, the performance of your campaign is critical. If the performance of your ads is poor (meaning you generate little revenue for Facebook in comparison to your competitors), your ads won’t get good visibility. What does that mean for each charge type?


If you get charged by link clicks, Facebook makes money only when someone clicks a link in your ad. If your ad doesn’t generate many clicks, you don’t pay. Great for you, but bad for Facebook. It doesn’t make any money, so very soon Facebook will stop showing your ads.


If you get charged by link clicks and your ad doesn't generate many clicks, you don't pay.


The above ad set had a high manual bid set to charge by link click. The low click-through rate means the effective CPM was only $0.24. That’s not a lot of money for Facebook, so this ad set quickly stopped receiving impressions, however high the manual bid went.


If you get charged by impressions, Facebook makes money regardless of whether someone clicks a link in your ad. If your ad doesn’t generate many clicks, you still pay. Bad for you, but good for Facebook. While Facebook wants to serve relevant high-performing ads, if it’s making money from your ad, that ad will keep getting impressions.


If you get charged by impressions and your Facebook ad doesn't generate many clicks, you still pay.


The above ad set had a high manual bid set to charge by impression. The low click-through rate doesn’t affect the CPM (which also results in a high CPC) so Facebook still makes money. This ad set continued spending money until it was turned off.



Conclusion


The way you elect to be charged for your Facebook ad campaign impacts how your ads are served, whether your ads will continue serving despite poor performance, and if you’ll pay a higher price for better performance.


The option for selecting charge type on Facebook is tucked away in an area of the campaign creation process that may not seem important. But that doesn’t mean it’s not.


Like many other aspects of Facebook advertising, taking control of this small element can have a big effect on your campaign. Understanding the differences between each charge type can help you choose the best option for you depending on your experience level.







What do you think? Will you adjust the way you get charged for Facebook Traffic or Conversion campaigns? Share your thoughts and questions in the comments below.



Learn how to choose the way you're charged for ads, and discover how your selection affects Facebook ad campaigns.

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7 Ways To Be 'On' Even When You're Totally Exhausted

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DID YOU KNOW?


Travelit can save you 30% on your complete travel bill. We provide a complete end- to-end travel management solution in partnership with Tourvest Travel Services.


Travelit, in partnership with Tourvest Travel Services focuses on the SME, public sector and the corporate market, which means it has specific niche solutions suitable for each one of these sectors. To deliver a complete end-to-end travel solution to these sectors, it’s essential to provide services to procurement, HR, finance, IT, travel arrangers, authorisers and the executive management team.


“Our technology enables us to configure and implement the solution based on the client’s exact requirements, to deliver on travel policy compliance, finance and authorisation controls, and process efficiencies every business is looking for within the African market,” says Travelit’s Chief Sales Officer Wayne Muirhead. He delves into the ultimate online travel solution’s simple yet powerful implementation for businesses of all sizes.


The travel challenge for SMEs


The South African and African marketplace consists of a number of challenges, the largest concern being cost savings. With Travelit, the traveller can select their requirements based on a large range of options across multiple suppliers, whilst adhering to the company’s travel policy.


When faced with issues such as where to stay, the best airline to choose, choosing a car to rent, and transfer decisions, the Travelit client is provided with every available supplier to choose from, on one single platform.


Another challenge within the industry is information and communication to the traveller on the move. Travelit’s mobile app is designed to provide instant communication to the traveller and support the company’s duty of care programme. In addition to supporting the company’s travel programme, Travelit provides an expense management solution, as part of its offering.


Related: Tourvest: Martin Weist


Authorisation, pricing, transparency and finance are also priority on the list of concerns for many business owners, says Wayne. “It is extremely challenging to book your trip directly on a website, which has many limitations,” he notes. “The travel arranger is required to jump from website to website, prices are constantly changing and they’re further frustrated by getting the go ahead from the manager/traveller.”


Mobility is about convenience, accessibility and real-time information for the traveller. The Travelit solution provides a fully backed up 24/7 call centre to support travellers.


The simple, yet powerful solution


Travelit is the leading online travel solution within the African market place, with over 900 corporate travel clients, and over 30 Government Departments. What makes the solution truly outstanding is that there is no onsite implementation required.


Users gain access to the Travelit solution, which uses the latest cloud technology. This significantly reduces costs and implementation timelines.  Large clients can be set up within a matter of weeks, and smaller clients can be trading within a day.


“Payment within travel has traditionally been cumbersome and costly. Travelit has worked closely with leading players in the financial services sector to deliver modern virtual credit card technology to our customers and our suppliers.”


In a nutshell, the virtual credit card solution eliminates credit card fraud, dramatically improves credit card reconciliation and provides immediate payment to the supplier for their services.


Travelit’s 375 000 users are supported nationwide by over ten leading travel management companies. These users experience all the efficiencies and benefits of the technology, along with personalised service from a qualified travel consultant. They travel in the comfort of knowing they can always talk to a person who will have access to all their online bookings.


Related: 6 Travel Hacks From Experienced Business Travelers


Travelit simplifies the entire process, across flights, cars, accommodation, transfers and parking. Access to the solution is quick and easy, online or via the Travelit mobile app. All this technology has been developed in partnership with global travel technology giants. “Travellers also receive discounted prices based on our aggregated buying power, including individually negotiated corporate deals and web rates,” says Wayne.


“Travelit is a full end-to-end travel and expense management solution, who can provide a tailored and unique travel solution to meet your exact business requirements.”





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Stop Thinking Killer App and Start Thinking Killer Experience

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Virtual reality and augmented reality strategies from an industry veteran.




4 min read





Opinions expressed by Entrepreneur contributors are their own.





David Polinchock has worked in the virtual reality (VR) and experiential advertising space since the 1990s, and he’s seen the good, the bad and the ugly for using VR and augmented reality (AR) to create marketing events and experiences. At the Propelify 2017 Innovation Festival, he gave a talk about three big ways technologists, marketers and companies need to improve their use of VR and AR to create amazing experiences in the future.

Related: 3 Ways Augmented Reality Will Find Its Way Into Your Life in 2018 and Beyond

1. Include elements of the real world to create a more engaging VR experience.

“How many times have you seen a VR setup that includes a table, a chair and a head seat?” Polinchock asked. “Where’s the sense of falling into the story?” Instead of just focusing on the tech, Polinchock wants companies to use real-world elements in their VR setups to enhance the total experience. Polinchock offered up a few creative, low-budget ways companies could incorporate physical elements of the real world into a user’s VR experience. For example:

  • A tourism board wants a user to experience a particular beach. Craft a VR experience where the user sits in a sandbox and smells sunscreen while wearing a headset.
  • A VR experience that takes place in the woods? Try adding a few potted plants to the room with the VR setup, so when the user walks around, branches occasionally brush over their cheeks or arms.
  • At a VR experience about conquering fears, users in head seats “walked on a ledge” in VR -- and in actuality, Polinchock recounted. Users stood on a small ledge, a few inches off the ground, with their back to a wall, while also walking a ledge on a super-tall building in VR.

Related: What Are the Legal Issues That Stare at Augmented/Virtual Reality?

2. Possibilities for the future of AR.

To Polinchock, AR is a totally different world than VR. The key to creating a great AR experience? “We don’t want to walk down the road and see virtual billboards jumping at our faces. But, we do want interesting information that helps us get through the day,” he said. A few exciting possibilities he sees for AR include:

  • A building plaque that pops out diagrams and text with significant historical information about a site
  • Walls, statues or monuments that relay information, key dates and importance of a site or artwork
  • Facial recognition technology that could remind you of where you met someone or of pertinent info like a birthday, job, or other details that would make networking easier

3. Complete the experience.

Polinchock used to work as a character actor at Disney, and he credits Disney for fully immersing their visitors at the theme parks. “Even when you’re waiting in line, you’re fully in their world,” he said.

Polinchock finds companies using VR for marketing experiences often don’t give users a similarly immersive experience. 

“If someone doesn’t know how VR works, don’t just drop them into the room. Because then, they’ll go into an experience, don’t get the whole story, and then don’t think the tech works,” he said.

Related: This Vital Storytelling Principle Is the Key to Producing Great VR and AR Content

Rather than just plopping a headset on someone, Polinchock wants companies to educate users in advance on what they should expect to see, hear and feel from the VR experience -- before the experience begins. By fully prepping users of the possibilities of the VR experience awaiting them, more users will have truly relevant, engaging and informative VR experiences. 

Watch highlights from Polinchock's talk at the 2017 Propelify Innovation Festival. 

What do you think about the future of AR and VR? Follow @propelify on Twitter for more on innovation and entrepreneurship. Visit our website to sign up for a complimentary Propelify Insider membership to receive future access to our full video library of incredible content and talks from innovators and entrepreneurial changemakers.






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How I Made $304,414.78 In 3 Months

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On this episode of the Dot Com Lifestyle Vlog, I film some of the fun activities we get to do at the Titanium Mastermind. I also show you how I made $304,414 78 In just three Months! Exciting stuff for sure. Enjoy the video and please subscribe so you don’t miss a single episode.



How To Live The Ultimate Dot Com Lifestyle


I have many internet products and services that makes me money while I’m sleeping. Continuity affiliate programs like Aweber, LeadPages, ClickFunnel, MOBE, and others ensure a steady flow of income no matter what I’m doing or where I am in the world. Of all the programs, MOBE has consistently been one of the highest earners. It’s the program I recommend for new and experienced Internet marketers.


The best way to start is by applying for the 21 Step System. This is a step by step system that I created with MOBE to help you make your first $1,250, $3,300, $5,500, and even $10,000 online. In addition to the steps, you’ll also be given a one-on-one coach who will help you get started on the right track. I can’t promise that you’ll make as much as me, but you will be given access to the same tools and methods I use to make money online.


Click Here To Download John Chow’s New eBook, The Ultimate Online Profit Model!



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How You Can Plug Into Business Excellence With A ACDC Express Franchise

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Professor Melodi Botha is an associate professor and researcher at the Department of Business Management in the Faculty of Economic and Management Sciences at the University of Pretoria. She is the Programme Lead for the MPhil degree in Entrepreneurship.


Her research focuses on training, educating and supporting entrepreneurs at different stages of preparing, starting and managing a business.


Why is it important for entrepreneurs to focus on personal development and education, even after they are no longer a start-up?


Research in South Africa has revealed that 80% of SMEs fail within the first two years of starting a business. So, if an entrepreneur makes it beyond this stage, it’s worth investing time, money and effort to make sure that they succeed by seeking entrepreneurial education, training and development to improve their business offerings.


New competitors are constantly entering the market and established entrepreneurs should make sure that they maintain their competitive advantage by educating themselves in areas such as the most current trends in their industries, changes in the market, offering more and better innovative products and services, staying close to their target market to determine the most effective marketing strategies and providing a stronger value proposition.


For established entrepreneurs, there is also the risk of growing too fast or not being able to manage their growth.


These entrepreneurs should then educate themselves on the most effective growth strategies suited for their business. Personal development is crucial, as entrepreneurs progress through the entrepreneurial process because they learn as they go.


Related: Enhance Your Entrepreneurial Flair With An Online Postgraduate Diploma From The University Of Pretoria


An example is when established entrepreneurs conduct a personality profile to determine how to cognitively adapt to their current entrepreneurial environment. Weaknesses or areas of improvement, such as poor financial planning for example, are highlighted and entrepreneurs can then work on these areas.


What advice would you offer entrepreneurs who stop researching due to time restrictions?


Time is a problem for all entrepreneurs; there is never enough of it. It’s a matter of how effectively you use your time and how you plan the activities that should happen within a specific time period.


A big problem with entrepreneurs is also a lack of delegation, as they want to be involved in every area of the business. Entrepreneurs need to determine which activities can be delegated to an employee or partner and focus on the core skills that they are competent in and which help the business to grow.


What skills should entrepreneurs be developing while they are starting and then managing a business?


We recently conducted research on the skills that entrepreneurs need as they progress through the various stages of the entrepreneurial process. We identified two sets of skills, namely functional competencies and enterprising competencies.


The findings further revealed that established entrepreneurs viewed functional competencies such as marketing, financial, operational, legal, human resource, networking, technical, communcation and planning skills as important skills to have during the established stage.


Both start-up and established entrepreneurs viewed enterprising competencies such as creativity, innovation, role model interpretation, opportunity recognition, risk taking, need for achievement and the ability to gather and control resources as important during both stages.


More specifically, financial and legal skills should receive more attention when starting a business. In a similar study, we found that potential entrepreneurs should focus on opportunity recognition, opportunity assessment and creative problem solving during the potential entrepreneur stage.


Related: Top Inspiring Speakers Give Entrepreneurship Insights On World Speech Day


At the same time, start-up entrepreneurs should focus on opportunity recognition, building networks and resilience, while established entrepreneurs should focus on risk management/mitigation, building and using networks as well as resilience.


Are there any tips and tricks you can offer to people who want to study, but still need the time to run their businesses?


Studying or learning should be a life-long journey that should not necessarly have an expiry date. I am talking about gaining life skills and developing entrepreneurial abilities through everyday learning. Most professional qualifications require continued professional education and I see no reason why entrepreneurs should not adopt the same approach.


Therefore, my first tip would be to plan to study. It should be part of a daily routine to study or learn more about an area where weaknesses arise. Many univeristies offer short courses such as three-day programmes in different speciality areas, which you can attend and not be away from your business for too long.


In early stages of formal tertiary education, my advice would be to focus on your studies first and thereafter focus on the business. This does not mean that you don’t have to start planning and aquiring resources while still studying. For example, our second year students, studying towards a BCom in Entrepreneurship, prepare their own feasiblity studies and compile business plans as part of the curricula.


What startling facts and figures has your research revealed that many entrepreneurs don’t realise?


In a recent study we determined that many potential entrepreneurs (students) show a strong entrepreneurial intention to start a business in future but rarely go over into action and the rate of actual start-ups, in South Africa, remains low.


This is also the case for entrepreneurship education graduates. However, prior entrepreneurial exposure, such as having entrepreneurial parents or entrepreneurial role models during the course of their studies, increased the start-up rate.


Related: Deon Herbst Of Enterprises University Of Pretoria On The Importance Of Ongoing Learning


Another interesting study we conducted on women entrepreneurs revealed that women are in desperate need of entrepeneurial training and education. The Women Entrepreneurship Programme (WEP) at the Univeristy of Pretoria measured 180 women who completed the programme.


These women were measured on their skills level before the programme, directly after the programme, six months after the programme and ten years after the programme took place.


They were measured on eight different levels and the WEP proved to be effective in not only transferring entrepreneurial and business skills to women, but also improving their business performance indicators (turnover, employees, sales and profit). Some of the women (35%) started multiple businesses six months after they attended the WEP.


Ten years after the programme, the results of the study confirmed that these women’s businesses made a significant difference in their communities and the economy of South Africa as a whole.





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6 Landing Page Tips to Drive Sales and Reach New Customers (Infographic)

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Don't miss out on sales by not following this advice.




2 min read





Opinions expressed by Entrepreneur contributors are their own.





The first thing a customer sees when they go to your website is the landing page. That’s why it’s crucial to make sure your landing page not only looks great but makes people want to buy. A recent survey by Unbounce, which analyzed data from more than 18,600 landing pages, uncovered the key components that make customers click.

Related: Why You Need a Stellar Landing Page to Convert Prospects

For starters, the more focused and straightforward your landing page is, the more clicks it will get. According to the research, landing pages that draw a person’s attention to one main call-to-action (in other words, a link) have a conversion rate of 13.5 percent, while landing pages with five or more call-to-actions or links have an average conversion rate of 10.5 percent.

Another important aspect on any landing page, or website for that matter, is how fast or slow it loads. Not sure what’s slowing down your page? Images are a likely source. Landing pages with few to no images have a conversion rate of 11.4 percent, while pages with more than 1 MB of oversized images have a rate of 9.8 percent. The research also discovered that “social proof,” meaning photos of customers, testimonials and social media posts, are great for businesses to have on their websites and help build trust with consumers, ultimately leading to more sales. However, most businesses don’t add any social proof to their sites -- in fact, more than three-quarters of marketers say they don’t have it on their sites.

Related: Increase Your Conversion Rates With These 7 Landing Page Must-Haves

From making sure your landing page is mobile-responsive to writing clear and concise copy, there are a number of things you can do to get your customers to click. To learn more, check out the infographic below.







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How TomTom Telematics Can Keep Your Business Moving Forward

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Professor Melodi Botha is an associate professor and researcher at the Department of Business Management in the Faculty of Economic and Management Sciences at the University of Pretoria. She is the Programme Lead for the MPhil degree in Entrepreneurship.


Her research focuses on training, educating and supporting entrepreneurs at different stages of preparing, starting and managing a business.


Why is it important for entrepreneurs to focus on personal development and education, even after they are no longer a start-up?


Research in South Africa has revealed that 80% of SMEs fail within the first two years of starting a business. So, if an entrepreneur makes it beyond this stage, it’s worth investing time, money and effort to make sure that they succeed by seeking entrepreneurial education, training and development to improve their business offerings.


New competitors are constantly entering the market and established entrepreneurs should make sure that they maintain their competitive advantage by educating themselves in areas such as the most current trends in their industries, changes in the market, offering more and better innovative products and services, staying close to their target market to determine the most effective marketing strategies and providing a stronger value proposition.


For established entrepreneurs, there is also the risk of growing too fast or not being able to manage their growth.


These entrepreneurs should then educate themselves on the most effective growth strategies suited for their business. Personal development is crucial, as entrepreneurs progress through the entrepreneurial process because they learn as they go.


Related: Enhance Your Entrepreneurial Flair With An Online Postgraduate Diploma From The University Of Pretoria


An example is when established entrepreneurs conduct a personality profile to determine how to cognitively adapt to their current entrepreneurial environment. Weaknesses or areas of improvement, such as poor financial planning for example, are highlighted and entrepreneurs can then work on these areas.


What advice would you offer entrepreneurs who stop researching due to time restrictions?


Time is a problem for all entrepreneurs; there is never enough of it. It’s a matter of how effectively you use your time and how you plan the activities that should happen within a specific time period.


A big problem with entrepreneurs is also a lack of delegation, as they want to be involved in every area of the business. Entrepreneurs need to determine which activities can be delegated to an employee or partner and focus on the core skills that they are competent in and which help the business to grow.


What skills should entrepreneurs be developing while they are starting and then managing a business?


We recently conducted research on the skills that entrepreneurs need as they progress through the various stages of the entrepreneurial process. We identified two sets of skills, namely functional competencies and enterprising competencies.


The findings further revealed that established entrepreneurs viewed functional competencies such as marketing, financial, operational, legal, human resource, networking, technical, communcation and planning skills as important skills to have during the established stage.


Both start-up and established entrepreneurs viewed enterprising competencies such as creativity, innovation, role model interpretation, opportunity recognition, risk taking, need for achievement and the ability to gather and control resources as important during both stages.


More specifically, financial and legal skills should receive more attention when starting a business. In a similar study, we found that potential entrepreneurs should focus on opportunity recognition, opportunity assessment and creative problem solving during the potential entrepreneur stage.


Related: Top Inspiring Speakers Give Entrepreneurship Insights On World Speech Day


At the same time, start-up entrepreneurs should focus on opportunity recognition, building networks and resilience, while established entrepreneurs should focus on risk management/mitigation, building and using networks as well as resilience.


Are there any tips and tricks you can offer to people who want to study, but still need the time to run their businesses?


Studying or learning should be a life-long journey that should not necessarly have an expiry date. I am talking about gaining life skills and developing entrepreneurial abilities through everyday learning. Most professional qualifications require continued professional education and I see no reason why entrepreneurs should not adopt the same approach.


Therefore, my first tip would be to plan to study. It should be part of a daily routine to study or learn more about an area where weaknesses arise. Many univeristies offer short courses such as three-day programmes in different speciality areas, which you can attend and not be away from your business for too long.


In early stages of formal tertiary education, my advice would be to focus on your studies first and thereafter focus on the business. This does not mean that you don’t have to start planning and aquiring resources while still studying. For example, our second year students, studying towards a BCom in Entrepreneurship, prepare their own feasiblity studies and compile business plans as part of the curricula.


What startling facts and figures has your research revealed that many entrepreneurs don’t realise?


In a recent study we determined that many potential entrepreneurs (students) show a strong entrepreneurial intention to start a business in future but rarely go over into action and the rate of actual start-ups, in South Africa, remains low.


This is also the case for entrepreneurship education graduates. However, prior entrepreneurial exposure, such as having entrepreneurial parents or entrepreneurial role models during the course of their studies, increased the start-up rate.


Related: Deon Herbst Of Enterprises University Of Pretoria On The Importance Of Ongoing Learning


Another interesting study we conducted on women entrepreneurs revealed that women are in desperate need of entrepeneurial training and education. The Women Entrepreneurship Programme (WEP) at the Univeristy of Pretoria measured 180 women who completed the programme.


These women were measured on their skills level before the programme, directly after the programme, six months after the programme and ten years after the programme took place.


They were measured on eight different levels and the WEP proved to be effective in not only transferring entrepreneurial and business skills to women, but also improving their business performance indicators (turnover, employees, sales and profit). Some of the women (35%) started multiple businesses six months after they attended the WEP.


Ten years after the programme, the results of the study confirmed that these women’s businesses made a significant difference in their communities and the economy of South Africa as a whole.





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5 Reasons Why Your Employees Are Quitting

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As an employer, it's important to treat your workers with respect.




3 min read




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Think your company has what it takes to make our Top Company Cultures list? Apply now.


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This story originally appeared on Personal Branding Blog


Retaining talent is as important as attracting new talent because job-hopping can actually be very costly for the employer. Therefore, employers should always be in touch with their employees and understand why their employees stay and, for the quitters, why they quit. Below I have put together the most common reasons of why employees leave and how an employer can avoid this situation.

Related: 3 Simple Ways to Increase Empathy at Work

1. Low compensation

Everybody wants to get paid what they deserve, and when an employee finds out they are getting paid lower than the market value, this person feels undervalued and wants to leave. As an employer, if you want to keep an employee who is getting paid lower than the average, you either should have a great company culture or a well-known brand recognition. Otherwise, as soon as your employee finds another job with higher compensation, they will leave.

2. Lack of career advancement opportunity

Employees always look for new opportunities to advance their skills so that they can move up the career ladder. Especially employees from Generations Y and Z want their employers to provide them training options or rotational programs within work so that they can improve themselves. Therefore, if an employee feels that work has started to become routine or the managers don’t give importance to his/her progress, they will want to leave.

Related: The Do's and Don'ts of Asking for a Raise

3. Relationships with co-workers and managers

Employees do not leave companies -- they leave their managers and co-workers. If an employee has problems with their manager, then it means that this employee will most likely leave soon. Also, if an employee doesn’t have any friends at work whom they chit-chat or go to lunch with, this employee is most probably not happy with their job and may soon leave the company.

4. Job security

Nobody wants to work in an environment in which the future of the company is unclear. Employers should demonstrate stability and growth to their employees. One way they can do this is by sharing financial reports with them quarterly or informing them via monthly newsletters. The important point is to be transparent to your employees so that they can feel secure in their jobs.

Related: Why Employer Branding Is So Important

5. Pursue other opportunities

Sometimes your employees leave because they want to pursue other career opportunities. They may want to make a career change or go to graduate school to make an academic career, or they may want to found their own businesses. Therefore, no matter what you do, sometimes you cannot stop them because of their personal goals or life events.







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The Power Of Life-Long Learning

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Professor Melodi Botha is an associate professor and researcher at the Department of Business Management in the Faculty of Economic and Management Sciences at the University of Pretoria. She is the Programme Lead for the MPhil degree in Entrepreneurship.


Her research focuses on training, educating and supporting entrepreneurs at different stages of preparing, starting and managing a business.


Why is it important for entrepreneurs to focus on personal development and education, even after they are no longer a start-up?


Research in South Africa has revealed that 80% of SMEs fail within the first two years of starting a business. So, if an entrepreneur makes it beyond this stage, it’s worth investing time, money and effort to make sure that they succeed by seeking entrepreneurial education, training and development to improve their business offerings.


New competitors are constantly entering the market and established entrepreneurs should make sure that they maintain their competitive advantage by educating themselves in areas such as the most current trends in their industries, changes in the market, offering more and better innovative products and services, staying close to their target market to determine the most effective marketing strategies and providing a stronger value proposition.


For established entrepreneurs, there is also the risk of growing too fast or not being able to manage their growth.


These entrepreneurs should then educate themselves on the most effective growth strategies suited for their business. Personal development is crucial, as entrepreneurs progress through the entrepreneurial process because they learn as they go.


Related: Enhance Your Entrepreneurial Flair With An Online Postgraduate Diploma From The University Of Pretoria


An example is when established entrepreneurs conduct a personality profile to determine how to cognitively adapt to their current entrepreneurial environment. Weaknesses or areas of improvement, such as poor financial planning for example, are highlighted and entrepreneurs can then work on these areas.


What advice would you offer entrepreneurs who stop researching due to time restrictions?


Time is a problem for all entrepreneurs; there is never enough of it. It’s a matter of how effectively you use your time and how you plan the activities that should happen within a specific time period.


A big problem with entrepreneurs is also a lack of delegation, as they want to be involved in every area of the business. Entrepreneurs need to determine which activities can be delegated to an employee or partner and focus on the core skills that they are competent in and which help the business to grow.


What skills should entrepreneurs be developing while they are starting and then managing a business?


We recently conducted research on the skills that entrepreneurs need as they progress through the various stages of the entrepreneurial process. We identified two sets of skills, namely functional competencies and enterprising competencies.


The findings further revealed that established entrepreneurs viewed functional competencies such as marketing, financial, operational, legal, human resource, networking, technical, communcation and planning skills as important skills to have during the established stage.


Both start-up and established entrepreneurs viewed enterprising competencies such as creativity, innovation, role model interpretation, opportunity recognition, risk taking, need for achievement and the ability to gather and control resources as important during both stages.


More specifically, financial and legal skills should receive more attention when starting a business. In a similar study, we found that potential entrepreneurs should focus on opportunity recognition, opportunity assessment and creative problem solving during the potential entrepreneur stage.


Related: Top Inspiring Speakers Give Entrepreneurship Insights On World Speech Day


At the same time, start-up entrepreneurs should focus on opportunity recognition, building networks and resilience, while established entrepreneurs should focus on risk management/mitigation, building and using networks as well as resilience.


Are there any tips and tricks you can offer to people who want to study, but still need the time to run their businesses?


Studying or learning should be a life-long journey that should not necessarly have an expiry date. I am talking about gaining life skills and developing entrepreneurial abilities through everyday learning. Most professional qualifications require continued professional education and I see no reason why entrepreneurs should not adopt the same approach.


Therefore, my first tip would be to plan to study. It should be part of a daily routine to study or learn more about an area where weaknesses arise. Many univeristies offer short courses such as three-day programmes in different speciality areas, which you can attend and not be away from your business for too long.


In early stages of formal tertiary education, my advice would be to focus on your studies first and thereafter focus on the business. This does not mean that you don’t have to start planning and aquiring resources while still studying. For example, our second year students, studying towards a BCom in Entrepreneurship, prepare their own feasiblity studies and compile business plans as part of the curricula.


What startling facts and figures has your research revealed that many entrepreneurs don’t realise?


In a recent study we determined that many potential entrepreneurs (students) show a strong entrepreneurial intention to start a business in future but rarely go over into action and the rate of actual start-ups, in South Africa, remains low.


This is also the case for entrepreneurship education graduates. However, prior entrepreneurial exposure, such as having entrepreneurial parents or entrepreneurial role models during the course of their studies, increased the start-up rate.


Related: Deon Herbst Of Enterprises University Of Pretoria On The Importance Of Ongoing Learning


Another interesting study we conducted on women entrepreneurs revealed that women are in desperate need of entrepeneurial training and education. The Women Entrepreneurship Programme (WEP) at the Univeristy of Pretoria measured 180 women who completed the programme.


These women were measured on their skills level before the programme, directly after the programme, six months after the programme and ten years after the programme took place.


They were measured on eight different levels and the WEP proved to be effective in not only transferring entrepreneurial and business skills to women, but also improving their business performance indicators (turnover, employees, sales and profit). Some of the women (35%) started multiple businesses six months after they attended the WEP.


Ten years after the programme, the results of the study confirmed that these women’s businesses made a significant difference in their communities and the economy of South Africa as a whole.





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Disruption vs. Innovation: Defining Success

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The terms disruption and innovation are almost always used together, but are they really different?




4 min read





Opinions expressed by Entrepreneur contributors are their own.





Lately, I've seen a lot of discussion around disruption vs. innovation. The question always arises: Are they the same?

I believe that disruption is simply the result of the rapid evolution of a business. The words disruption and innovation have become almost interchangeable ever since Harvard Business School Professor Clayton Christensen coined the term "disruptive innovation" in the 1990s. It wasn't until recently that I took the time to consider the relationship and differences between disruption and innovation, and how each can affect or alter a company's path to success.

Related: Amazon's Lesson About Disruption: Rattle Any Market You Can

Defining disruption

Ever since Christensen shared his theory with the business world, the two terms have been constantly confused with each other, making untangling the definitions vital. According to the traditional definition of disruption, the process comes about in two different ways.

The first is from a low point in a market where the typical customer is overserved by the incumbent companies.

Alternatively, disruption occurs by focusing on low-end customers who are underserved or not served at all by a current market.

If a new market is created, or the needs of the low-end consumer begin being satisfied en masse, that's when disruption occurs, or when rapid evolution is apparent.

No market is safe from disruption, which can occur across all industries. A PricewaterhouseCoopers survey of 1,379 chief executives found 60 percent said that their sectors have already been changed or reshaped. Seventy-five percent of those surveyed anticipated that they would see their market disrupted by the year 2022.

Related: 5 Habits That Made Elon Musk an Innovator

Innovation and evolution

Innovation or rapid evolutionary innovation, as I define it, is turning your dreams into reality, or manifesting what you envision. Disruptive companies are those whose innovations or innovative processes completely change the market they serve. They might use an innovation to accomplish their goals, but not all innovations are disruptive. In other words, not all innovations cause a business or market to rapidly evolve. I firmly believe that all businesses must evolve over time in order to stay competitive in the marketplace, and that has shown to be true when it comes to disruption. Companies need appreciable time for their services to evolve and react to the needs of the market.

Disruption does not happen overnight; neither does success. There are many so-called "overnight successes" that have actually been around for decades before finally reaching the tipping point and having mass appeal or nationwide/worldwide recognition.

There are also no overnight reactions to a market disruption. According to research published by Capgemini, nearly 74 percent of incumbent businesses take over two years to react to unfolding disruption after its occurrence.

Related: Meet These 7 Innovative New Franchises for 2017

Examples of evolution and disruption

Disruptive companies like Netflix did not change the media industry overnight. Netflix survived long enough, staying in business each day, even during lean times, which allowed it to disruptively pivot from its mail delivery strategy to streaming online content. This would not have been possible without technological innovations. Using streaming technology and presenting content in a different way created a revolution in the way that media is consumed, which we are still seeing today.

Although it's less common, you can also disrupt the high end of a market. One of my mentors, Sydney Frank, accomplished a disruptive approach to selling vodka, something that had nothing to do with a technological innovation. Frank realized the viability of a vodka market that over-served consumers' mid-range products. He then created a French distilled vodka that didn't cater to the lower economic class. Instead, Frank catered to the high end of the market with a million-dollar commissioned bottle, in addition to other premium-priced products, forever changing the distribution and sale of vodka worldwide.

Related: The 100 Most Brilliant Business Ideas

Unstoppable disruption

I personally would rather be known for my rapid evolutionary disruption in the philanthropy space. We have raised more money with my 50 For 50 campaign and the recent weekend's Unstoppable Gala than in the history of the nonprofit's existence. I want to be known as a disruptor who is affecting and impacting thousands of people by giving them water, food, financial services and health care to empower them to empower others. Not to give a handout, but to give a hand up.







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